Tuesday, August 27, 2019
NEW ROUND OF SECTION 301 TARIFFS ON GOODS FROM CHINA EFFECTIVE SEPTEMBER 1
On August 13, the USTR published an announcement stating that List 4 would be rolled out in two different lists with two different effective dates (click the link above to see the entire list for 4a.) The goods on List 4a were originally slated for an additional 10% duty rate however the President has since adjusted the duty rates for List 4a to 15%, effective September 1. A Federal Register notice is expected shortly.
A second trade alert will follow with more information on List 4b.
The announcement further states that USTR intends to conduct an exclusion process for products subject to the additional tariff.